inflation

The PGM fundumentals have just improved further.

The EU has bailed out Greece and itself, but this is a measure to buy time only and is not the solution to high soverign debt levels.

Worldwide the scope for too dramatic cost cutting is limited as we have just started moving out of recession. The past tells us there is one tried and tested method for states to get out of this mess and that is to print money.

Rapid inflation may be just around the corner and Platinum will follow gold upwords as investors look for an inflation hedge.

I would really like to see PLA to deliver a double punch of Smoky Hills quarterly production of 13-15K Oz plus and a Kalplats resource upgrade. This company has been pegged back for too long on Smoky Hills problems and could be ready for an upword move in the coming months.

Following this thinking I sold my shares in NKP and bought the CFD's thereby trippling my Holding.

Taking a big bet on PGM's now, hope it pays off.

BR
Max